Morgan Lewis

Investment Management and Securities Industry

Publications of Interest

562 Publications Found
page 1 of 2
11/20/08 SEC Votes to Improve Disclosure for Mutual Fund Investors

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The Securities and Exchange Commission (SEC) voted unanimously on November 19 to improve mutual fund disclosure by requiring funds to provide investors with a “summary prospectus” written in plain English that presents the key ... more

11/14/08 Broker-Dealer Regulatory Update - As of November 13, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

11/14/08 Current Topics for Investment Advisers, presented at the First Clearing Correspondent Services Compliance Roundtable, Washington, D.C.

Presentation | Speech
John Ayanian, Jennifer Klass

11/13/08 ERISA for Money Managers, presented at the ERISA for Money Managers: An Interactive Workshop, Boston

Presentation | Speech
Christopher Weals, Daniel Kleinman, Jennifer Klass, Craig Bitman, Thomas Hogan

11/11/08 SEC Adopts Interim Reporting Requirement for Short Sales

LawFlash/Client Alert | Financial Crisis Impact and Analysis Alert
Investment Management Practice

This FYI is an update of the FYI circulated by Morgan Lewis on October 17, 2008 reflecting additional informal guidance that we understand was provided by the SEC staff to the Managed Funds Association and other groups. To ensu... more

11/06/08 Tracker Impact Analysis: SEC Fines LPL Financial Corporation for Regulation S-P Violations, Complinet

Outside Publications | Article
Ben Indek, Michael Kraut, Namita Mani

10/31/08 Broker-Dealer Regulatory Update - As of October 30, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

10/27/08 Securities and Exchange Commission Staff Permit Exchange-Traded Funds to Track Their Indexes by Investing in Other Exchange-Traded Funds

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The SEC staff recently issued a no-action letter permitting certain exchange-traded funds (Upper Funds) to meet their investment objectives by investing all or part of their assets in other exchange-traded funds (Underlying Fun... more

10/27/08 The War on Rumors at the SEC and CFTC, Securities Regulation and Law, Vol. 40, No. 42

Outside Publications | Article
Christian Mixter

10/21/08 Amendments to Part 2 of Form ADV, presented at the NSCP National Membership Meeting, Philadelphia

Presentation | Speech
Steven Stone

10/17/08 Broker-Dealer Regulatory Update - As of October 16, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

10/17/08 SEC Adopts Interim Reporting Requirement for Short Sales

LawFlash/Client Alert | Financial Crisis Impact and Analysis Alert
Investment Management Practice

As a follow-up to the emergency order it issued in September, the Securities and Exchange Commission (SEC) has issued an interim final rule requiring institutional investment managers to file Form SH to report their sho... more

10/16/08 SEC Adopts Interim Close-Out Requirements for Short Sales

LawFlash/Client Alert | Financial Crisis Impact and Analysis Alert
Investment Management Practice

As a follow up to the emergency order it issued in September, the Securities and Exchange Commission (SEC) has issued interim final rules imposing close-out requirements on short sales. The new rules take effec... more

October 2008 Form ADV Part 2 and Regulation S-P, presented at the Investment Adviser Association Annual Compliance Workshop, Los Angeles; San Francisco; New York

Presentation | Speech
Jennifer Klass

10/13/08 Broker-Dealer Regulatory Update - As of October 9, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

10/05/08 The Emergency Economic Stabilization Act of 2008: Impact of the Historic New Law

LawFlash/Client Alert | Financial Crisis Impact and Analysis Alert
Business and Finance Practice

The Emergency Economic Stabilization Act of 2008 (the “Act”) was signed into law by President Bush on October 3, 2008. Passage of the Act was the result of intense debate in both the U.S. Senate and the U.S. Ho... more

10/04/08 Impact of the Emergency Economic Stabilization Act of 2008 on Investment Management Firms

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The Emergency Economic Stabilization Act of 2008 (Act) will directly impact investment management firms of all kinds, with the greatest impact on those firms managing accounts holding “troubled assets” eligible for purc... more

10/03/08 Broker-Dealer Regulatory Update - As of October 2, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

10/03/08 Private Investment Funds: New Developments in France

LawFlash/Client Alert | Private Investment Funds LawFlash
Investment Management Practice

The fonds commun de placement à risques ( FCPR ) is the investment vehicle most commonly used in France for organizing a private equity fund. A specific type of FCPR, the FCPR allégé ( FCPR Allégémore

November 2008 SEC Staff Confirms that Hedge Fund Solicitors Are Not Subject to the Cash Solicitation Rule, Derivatives Financial Products Report

Outside Publications | Article
Steven Stone, Monica Parry, Dianne Sulzbach

October 2008 Offering Alternative Investment Strategies in a Mutual Fund Structure: Practical Considerations, Investment Lawyer, Vol. 15, No. 10

Outside Publications | Article
Dianne Sulzbach

09/29/08 Money Market Funds: Insurance, Liquidity, and Support

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The past two weeks have seen a continuation or worsening of the market conditions that have challenged money market mutual funds (money funds), as well as their sponsors and advisers, over the past year. Among other things, the... more

09/26/08 Broker-Dealer Regulatory Update - As of September 25, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

09/25/08 SEC Staff Provides Guidance on Short Sale Emergency Orders: Supplement to FYIs of September 21 and 22, 2008

LawFlash/Client Alert | Securities Industry FYI
Investment Management and Securities Industry Practices

As the securities industry continues to wrestle with the emergency orders issued last week by the Securities and Exchange Commission (SEC), a number of interpretive questions have been raised. The SEC staff has... more

09/24/08 Infrastructure Investments Webcast

Presentation | Webcast
Georgette Schaefer, Richard Zarin, Jonathan Morris, Louis Singer

October 2008 Strategic Planning Considerations for Companies that Don't Want to Be Investment Companies, ACC Docket

Outside Publications | Article
Monica Parry

09/22/08 UPDATED as of 12:00 p.m. - SEC Emergency Orders: Implications for Buyside and Sellside Firms

LawFlash/Client Alert | Securities Industry FYI
Investment Management and Securities Industry Practices

This FYI is an update of the FYI circulated by Morgan Lewis on Sunday, September 21, to reflect changes announced overnight by U.S. and foreign regulators. To ensure that our clients have the latest development... more

09/21/08 SEC Emergency Orders: Implications for Buyside and Sellside Firms

LawFlash/Client Alert | Securities Industry FYI
Investment Management and Securities Industry Practices

In the face of the current extraordinary market conditions, the Securities and Exchange Commission (SEC) has announced that it is exercising regulatory powers through the following temporary orders: (1) prohibi... more

09/12/08 Broker-Dealer Regulatory Update - As of September 11, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

09/09/08 Implications of U.S. Government’s Takeover of Fannie Mae and Freddie Mac

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

In light of Sunday’s announcement that the U.S. government is taking over (the Takeover) the operations of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), mon... more

09/05/08 Broker-Dealer Regulatory Update - As of September 4, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

08/29/08 Broker-Dealer Regulatory Update - As of August 28, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

08/22/08 Broker-Dealer Regulatory Update - As of August 21, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

08/19/08 Form 5500/ERISA 408(b)(2) Proposed Regulations Webcast

Presentation | Webcast
Marianne Yudes, Thomas Hogan, Daniel Kleinman

08/15/08 Broker-Dealer Regulatory Update - As of August 14, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

08/13/08 SEC Proposes Guidance for Investment Company Boards of Directors on Adviser Trading Practices

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The Securities and Exchange Commission (the SEC) approved proposed guidance (the Proposed Guidance) on July 30 on the duties and responsibilities of investment company boards of directors for a fund adviser’s trading pr... more

08/08/08 Broker-Dealer Regulatory Update - As of August 7, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

08/01/08 Broker-Dealer Regulatory Update - As of July 31, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

07/30/08 Investment Management Brochure

Marketing Material | Brochure
Investment Management & Securities Industry Group

07/30/08 SEC and DOL Agree to Cooperate in Examinations

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The U.S. Department of Labor's (DOL) Employee Benefits Security Administration and the U.S. Securities and Exchange Commission (SEC) have entered into a Memorandum of Understanding (MOU) on July 28, setting for... more

07/25/08 Broker-Dealer Regulatory Update - As of July 24, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

07/25/08 SEC Exam Staff Issues Second ComplianceAlert

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

On July 22, the Securities and Exchange Commission’s (SEC’s) Office of Compliance, Inspections, and Examinations (OCIE) issued a ComplianceAlert, the second in a planned series of periodic updates that will sum... more

07/22/08 SEC Staff Confirms that Hedge Fund Solicitors Are Not Subject to the Cash Solicitation Rule

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

As had long been expected, Securities and Exchange Commission (SEC) staff confirmed a few days ago that the SEC's cash solicitation rule, Rule 206(4)-3 (the Rule) under the Investment Advisers Act of 1940 (the ... more

07/18/08 Broker-Dealer Regulatory Update - As of July 17, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

07/17/08 SEC Issues Emergency Order to Deter Uncovered Short Sales in Certain Financial Institutions

LawFlash/Client Alert | Securities Industry FYI
Securities Industry Practice

The SEC has issued an emergency order to deter naked short selling in the publicly traded securities of 19 specific financial services firms, including Fannie Mae and Freddie Mac (a list of the issuers is set forth belo... more

07/16/08 Investment Company Regulation and Compliance, presented by ALI-ABA, Boston

Presentation | Speech
W. McGuire

07/15/08 Broker-Dealer Regulatory Update - As of July 11, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

07/08/08 FSA Proposes Extension of UK Major Shareholder Notification Requirements to Equity Contracts for Differences (Including Equity Swaps and Other Equity Derivatives)

LawFlash/Client Alert | Securities Industry FYI
Securities Industry Practice

In the light of responses to its 2007 consultation paper on the disclosure of Contracts for Differences (CP07/20), the United Kingdom’s Financial Services Authority (FSA) has decided to implement a general disc... more

07/01/08 SEC Proposes Rule That Would Require Equity Index Annuities to Be Registered Securities

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The Securities and Exchange Commission (SEC) has proposed a rule which, if adopted, is expected to require all insurance companies issuing equity index annuities (EIAs) to register them as securities under the Securitie... more

June 2008 Hedge Fund Side Letters: Compliance Issues, Policies, and Best Practices, Complinet: Securities and Banking

Outside Publications | Article
Thomas Harman, Dianne Sulzbach

06/30/08 SEC Proposes Major Revisions to Rule 15a-6

LawFlash/Client Alert | Securities Industry FYI
Securities Industry Practice

The Securities and Exchange Commission (SEC) recently proposed substantial amendments to Rule 15a-6 under the Securities Exchange Act of 1934 (Exchange Act), which provides conditional exemptions from broker-de... more

06/26/08 Investing in Infrastructure Assets, presented at The National Association of Public Pension Attorneys Annual Conference, Boston

Presentation | Speech
Georgette Schaefer

06/25/08 National Financial Risk and Regulatory Client Webinar: Proposed Regulation S-P Amendments

Presentation | Webcast
Shauna Sappington, Mark Matthews, Steven Stone

06/20/08 Broker-Dealer Regulatory Update - As of June 19, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

06/18/08 The New Examination Process: How to Be Prepared, presented at the BISA Conference, Washington, D.C.

Presentation | Speech
Mark Fitterman, Beth Kiesewetter, Anne Flannery

06/13/08 Broker-Dealer Regulatory Update - As of June 12, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

06/13/08 Interactive Data for Mutual Fund Risk/Return Summary

LawFlash/Client Alert | Investment Management FYI
Investment Management Practice

The U.S. Securities and Exchange Commission (SEC) recently proposed to require mutual funds to provide their risk/return summary information in interactive data format as an exhibit to their post-effective amen... more

06/06/08 Broker-Dealer Regulatory Update - As of June 5, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

June 2008 Hedge Fund Side Letters: Compliance Issues, Policies, and Best Practices, Investment Adviser Association Newsletter

Outside Publications | Article
Thomas Harman, Dianne Sulzbach

May/June 2008 An Inconvenient Truth: Disclosure of Conflicts of Interest in Proposed Form ADV Part 2, Practical Compliance & Risk Management for the Securities Industry

Outside Publications | Article
Jennifer Klass, Joshua Blackman

05/30/08 Broker-Dealer Regulatory Update - As of May 29, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

05/29/08 CFTC Authority Extended over Retail Forex and Energy Trading

LawFlash/Client Alert | Investment Management FYI
Investment Management

 

Recently, Congress enacted amendments to the Commodity Exchange Act (CEA) that grant the Commodity Futures Trading Commission (CFTC) extended authority to regulate over-the-counter foreign exchange (forex) tradin... more

05/23/08 Broker-Dealer Regulatory Update - As of May 22, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

05/22/08 Seventh Circuit “Disapproves” of Gartenberg Factors

LawFlash/Client Alert | Investment Management FYI
Investment Management

The Seventh Circuit Court of Appeals recently cast some uncertainty over the long-standing factors that fund directors use to determine the proper level of an adviser’s fees as set forth in Gartenberg v. Merrill Lyn... more

05/16/08 Broker-Dealer Regulatory Update - As of May 15, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

05/16/08 FINRA Issues Proposals on Rulebook Consolidation

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

FINRA has issued four proposals to consolidate existing NASD and NYSE rules into a single rulebook. Comments on the proposals are due to FINRA by June 13, 2008. The proposals are preliminary—they still must be ... more

May 2008 Negotiating Complex Technology and Outsourcing Relationships, ACC Docket, No. 4, pp. 24–32

Outside Publications | Article
Edward Hansen

 

Reprinted with permission of the authors and the Association of Corporate Counsel as it originally appeared: Carolyn Edgar, Marland Webb, and Ed Hansen, “Negotiating Complex technology and Outsourcing Relationshi... more

05/09/08 Broker-Dealer Regulatory Update - As of May 8, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

05/06/08 SEC Fires Another Warning Shot Over Insider Trading Policies and Procedures

LawFlash/Client Alert | Securities LawFlash
Ben Indek

For well over a year, SEC enforcement and examination officials have emphasized the staff’s focus on insider trading, particularly by securities industry professionals. This focus has proceeded largely on two f... more

05/02/08 Broker-Dealer Regulatory Update - As of May 1, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

May 2008 Outsourcing in the Securities Industry: Assessing the Regulatory Landscape, Wall Street Lawyer, Vol. 12, Issue 5

Outside Publications | Article
Theodore Lazo, John Ayanian

04/28/08 Investment Adviser Conflicts of Interest Disclosures, presented at the 2008 NSCP Midwest Regional Meeting, Chicago

Presentation | Speech
Jennifer Klass

04/25/08 Broker-Dealer Regulatory Update - As of April 25, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management Practice

04/18/08 Broker-Dealer Regulatory Update - As of April 17, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

04/17/08 Common Prohibited Transactions for Portfolio Management and Trading, presented at the ERISA for Money Managers Workshop, New York

Presentation | Speech
Thomas Harman, Marianne Yudes

04/11/08 Broker-Dealer Regulatory Update - As of April 10, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

04/10/08 Trading Conflicts of Interests, presented at the IMS National Conference: The Next Step in Compliance - The Integration of Operations & Business Management, New Orleans, LA

Presentation | Speech
Steven Stone

04/09/08 The Globalization of Compliance: Special Program for Global Money Managers, presented at the IMS National Conference: The Next Step in Compliance - The Integration of Operations & Business Management, New Orleans, LA

Presentation | Speech
Steven Stone

04/07/08 Broker-Dealer Regulatory Update - As of April 3, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

April 2008 The SEC's ETF Rule Proposal: Key Issues for the Future of Exchange Traded Products, The Investment Lawyer

Outside Publications | Article
W. McGuire, Ryan Helmrich

03/31/08 Broker-Dealer Regulatory Update - As of March 27, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

03/21/08 Broker-Dealer Regulatory Update - As of March 20, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

03/18/08 SEC Proposes “Naked” Short Selling Anti-Fraud Rule

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

On March 17, the U.S. Securities and Exchange Commission (SEC) issued its formal proposal to adopt an anti-fraud rule under the Securities Exchange Act of 1934 (Exchange Act). The rule would address failures to... more

03/16/08 Exchange Traded Funds, Mutual Funds, and Investment Management Conference, presented by the ICI and FBA, Phoenix, AZ

Presentation | Speech
W. McGuire

03/13/08 Compliance Program Rules: Requirements, Responsibility, Accountability and Thinking Like an SEC Examiner, presented at the NRS Center form Compliance Professionals Investment Adviser Compliance Training, New York

Presentation | Speech
Jennifer Klass

03/12/08 NRS Investment Adviser Compliance Training, New York

Presentation | Speech
Christopher Menconi

03/11/08 SEC Proposes Amendments to Regulation S-P

LawFlash/Client Alert | Investment Management FYI
Investment Management

The Securities and Exchange Commission (SEC) has proposed amendments to Regulation S-P, which sets forth privacy obligations for entities it regulates. To help prevent and address security breaches and better p... more

03/10/08 SEC Warns Public Pension Funds and Other Unregistered Investment Advisers on Insider Trading

LawFlash/Client Alert | Securities LawFlash
Litigation, Investment Management, and Business and Finance

Last Thursday, the SEC warned public pension funds and other unregistered investment advisers on the need for vigilance and adoption of policies and procedures to address potential insider trading issues. The s... more

03/07/08 Broker-Dealer Regulatory Update - As of March 6, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

03/07/08 SEC Finally Publishes Proposed Amendments to Part 2 of Form ADV

LawFlash/Client Alert | Investment Management FYI
Investment Management

On March 3, 2008, the Securities and Exchange Commission (SEC) published proposed amendments to Part 2 of Form ADV, the investment adviser registration form. The proposed amendments would replace the current “c... more

03/05/08 SEC Proposes Rules to Allow Index-Based and Fully Transparent Actively Managed ETFs

LawFlash/Client Alert | Investment Management FYI
Investment Management

At an open meeting on Tuesday, March 4, the Securities and Exchange Commission (SEC) voted unanimously to propose two new rules under the Investment Company Act of 1940 (Act) to permit exchange-traded funds (ETFs) to op... more

02/22/08 Broker-Dealer Regulatory Update - As of February 21, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

02/20/08 SEC Makes Analyzing Corporate Performance Easier for Investors

LawFlash/Client Alert | Investment Management FYI
Investment Management

On Friday February 15, 2008, the U.S. Securities and Exchange Commission announced the launch of the "Financial Explorer" on the SEC website to help investors more easily analyze the financial results of public... more

02/15/08 Broker-Dealer Regulatory Update - As of February 14, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

02/14/08 SEC Votes to Propose Amendments to Part 2 of Form ADV (Finally)

LawFlash/Client Alert | Investment Management FYI
Investment Management

At an open meeting yesterday, the Securities and Exchange Commission (SEC) voted unanimously to seek public comment on proposed amendments to Part 2 of Form ADV, the investment adviser registration form. The am... more

02/11/08 Broker-Dealer Regulatory Update - As of February 8, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

02/05/08 SEC Issues First Notice for Actively Managed ETFs

LawFlash/Client Alert | Investment Management FYI
Investment Management

On Friday, February 1, 2008, the U.S. Securities and Exchange Commission issued what is expected to be the first of several notices relating to requests for exemptive relief necessary to create and operate acti... more

02/05/08 Understanding Disclosure: Form ADV, Performance and Advertising, presented at the NRS Center for Compliance Professionals (CCP) Investment Adviser Compliance Training, Miami

Presentation | Speech
Rebecca Leon

01/18/08 Broker-Dealer Regulatory Update - As of January 17, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

01/14/08 SEC Staff Extends Relief Allowing Broker-Dealers to Rely on Investment Advisers to Perform Customer Identification and Verification

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

On January 10, the SEC’s Division of Trading and Markets issued a letter to the Securities Industry and Financial Markets Association (SIFMA) that extends no-action relief allowing broker-dealers to fully rely ... more

01/11/08 Broker-Dealer Regulatory Update - As of January 10, 2008

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

01/11/08 FINRA Amends NYSE Rule 342.13: Eliminates Cut-Off Date for Recognition of Series 24

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

Today, FINRA issued Regulatory Notice 08-02, which informs member firms that FINRA has amended NYSE Rule 342.13 to eliminate the requirement that the General Securities Principal Examination (Series 24) be pass... more

01/08/08 Financial Services Insight, a Perception Study by Morgan Lewis in Association with Mergermarket

Marketing Material | Survey
Business and Finance

January 2008 Small Fund Issues, The Investment Lawyer, Vol. 15, No. 1

Outside Publications | Article
Dianne Sulzbach

12/28/07 Broker-Dealer Regulatory Update - As of December 27, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

12/21/07 Broker-Dealer Regulatory Update - As of December 20, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

12/14/07 Broker-Dealer Regulatory Update - As of December 13, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

12/13/07 FINRA Issues Guidance Regarding Review and Supervision of Electronic Communications

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

Last week, the Financial Industry Regulatory Authority (FINRA) issued guidance regarding the review and supervision of electronic communications. The guidance sets forth principles for member firms to consider ... more

12/07/07 Broker-Dealer Regulatory Update - As of December 6, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

12/06/07 Compliance Officers and Compliance Programs, presented at the West Legalworks Investment Adviser Regulation: An A to Z Workshop, Miami

Presentation | Speech
Ivan Harris, Jennifer Klass, Ethan Johnson, Adrienne Ward

12/06/07 Investment Adviser Advertising, presented at the West Legalworks Investment Adviser Regulation: An A to Z Workshop, Miami

Presentation | Speech
Jennifer Klass

12/06/07 Investment Adviser Regulation: An A to Z Workshop, presented at the West Legalworks Investment Adviser Regulation Workshop, Miami

Presentation | Speech
Rebecca Leon

12/06/07 Managing Conflicts of Interest, presented at the West Legalworks Investment Adviser Regulation: An A to Z Workshop, Miami

Presentation | Speech
Jennifer Klass

12/06/07 Portfolio Trading Compliance, presented at the West Legalworks Investment Adviser Regulation: An A to Z Workshop, Miami

Presentation | Speech
Jennifer Klass

12/06/07 Trading and Market Structure Issues, presented at ICI's 2007 Securities Law Developments Conference, Washington, D.C.

Presentation | Speech
Steven Stone

December 2007 The Tipping Point: The Hedge Fund Investor's Struggle for Legal Balance, The Investment Lawyer, Vol. 14, No. 12

Outside Publications | Article
Jedd Wider

11/30/07 Broker-Dealer Regulatory Update - As of November 29, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

11/29/07 SEC Votes to Adopt Rule Amendments Relating to Electronic Shareholder Forums and Shareholder Proposals on the Election of Directors

LawFlash/Client Alert | Investment Management FYI
Investment Management

At an open meeting on November 28, 2007, the Securities and Exchange Commission (SEC) voted to adopt rule amendments relating to (1) electronic shareholder forums and (2) shareholder proposals on the election of directo... more

11/19/07 Broker-Dealer Regulatory Update - As of November 16, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

11/16/07 SEC Proposes Improved Approach to Mutual Fund Disclosure

LawFlash/Client Alert | Investment Management FYI
Investment Management

At an open meeting yesterday, the Securities and Exchange Commission (SEC) voted unanimously to seek public comments on proposed amendments to Form N-1A, the mutual fund registration form, and Rule 498 under the Securit... more

11/15/07 Annual Compliance Program Reviews, presented at the IAA Compliance Workshop, San Francisco

Presentation | Speech
Jennifer Klass

11/15/07 Selected Issues in Best Execution and Trading Practice, presented at the IAA Compliance Workshop, San Francisco

Presentation | Speech
Jennifer Klass

11/14/07 The Impact of Hedge Funds on the Global Capital Markets, presented at Terrapinn's Hedge Funds World Bahamas 2007, Atlantis, Bahamas

Presentation | Speech
Ivan Harris

11/13/07 Current Concerns for Investment Advisory Compliance, presented at the First Clearing LLC Compliance Roundtable, Washington, D.C.

Presentation | Speech
John Ayanian, Monica Parry

11/13/07 Electronic Recordkeeping/Required Books and Records to be Maintained by Advisers, presented at the Advisor Compliance Associates Books and Records Webcast

Presentation | Speech
W. McGuire

11/13/07 Fixed Income, presented at the SIFMA-CL Fall "New SRO FINRA" Compliance Seminar, New York

Presentation | Speech
Robert Mendelson

11/13/07 The Examination Process from the Regulators' Perspective, presented at the SIFMA-CL Fall "New SRO FINRA" Compliance Seminar, New York

Presentation | Speech
Ben Indek

11/09/07 Broker-Dealer Regulatory Update - As of November 9, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Broker-Dealer

11/09/07 MSRB Issues Guidance Regarding Revisions to Its Supervisory Rules

LawFlash/Client Alert | Securities Industry FYI
Broker-Dealer Practice

On November 8, 2007, the Municipal Securities Rulemaking Board (MSRB) issued Notice 2007-32 with guidance pertaining to amendments to its supervision rule, Rule G-27. The Notice stated that the amendments, whic... more

11/06/07 Internal Controls for Broker-Dealers, presented at the FINRA Institute at Wharton Certificate Program, Philadelphia

Presentation | Speech
P. Georgia Bullitt

11/05/07 SEC Proposes Mandatory Electronic Submission of Investment Company Applications

LawFlash/Client Alert | Investment Management FYI
Investment Management

On November 2, 2007, the SEC proposed a series of rule amendments regarding its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system. The proposed rule amendments would require that new or amended ... more

11/02/07 Broker-Dealer Regulatory Update - As of November 2, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

November 2007 Statistical Screens for “Return Smoothing” by Hedge Funds: SEC & Investor Interest, Wall Street Lawyer, Vol. 11, No. 11

Outside Publications | Article
Robert Mendelson

November/December 2007 Keeping Current: Securities: Seventh Circuit’s Test for Inadvertent Investments, Business Law Today, Vol. 17, No. 2

Outside Publications | Article
Thomas Harman, Holly Hunter-Ceci, Monica Parry

10/26/07 Broker-Dealer Regulatory Update - As of October 25, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

10/22/07 Broker-Dealer Regulatory Update - As of October 22, 2007

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

10/22/07 Transitioning to a Post-Rule 202(a)(11)-1 Environment, presented at the 2007 NSCP National Membership Meeting, Washington, D.C.

Presentation | Speech
John Ayanian

10/17/07 Conflicts of Interest (Large Firms), presented at the 2007 NSCP National Membership Meeting, Washington, D.C.

Presentation | Speech
Steven Stone

10/12/07 Broker-Dealer Regulatory Update - Week of October 5 through October 11

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

10/12/07 Compliance Issues Impacting Institutional Investors, presented at the 2007 Equity, Fixed Income, and Derivatives Markets Conference, New York

Presentation | Speech
Steven Stone

10/10/07 Fee-Based Brokerage Accounts and the Elimination of Rule 202(a)(11)-1, presented at the Financial Markets World 20th Annual Small Firms Conference, San Antonio, TX

Presentation | Speech
P. Georgia Bullitt

10/09/07 Oops, A Trade Error...Now What?, presented at the ACA Compliance Webcast

Presentation | Speech
Ethan Johnson

10/05/07 Broker-Dealer Regulatory Update - Week of September 21 through October 4

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

10/04/07 IM Compliance: Upping the Ante in an Already Uncertain Environment, presented at the Fourth Annual IM Compliance Conference, New York

Presentation | Speech
Dianne Sulzbach

10/04/07 What are the Proposed NYSE/Nasdaq Guidelines Regarding Electronic Communications and How Will They Differ from Current SEC Regulations?, presented at the Fourth Annual IM Compliance Conference, New York

Presentation | Speech
Dianne Sulzbach

10/03/07 Annual Review, Advertising, Code of Ethics, Best Execution, Hot Topics, presented at the 11th Annual IAA Fall Compliance Workshop, Washington, D.C.

Presentation | Speech
Timothy Levin

10/03/07 SMAs: Wrapping Up Compliance Issues, presented at 2007 Institutional Investor's Legal Forum Global Roundtable, San Francisco

Presentation | Speech
Steven Stone

10/02/07 The Globalization of Compliance - Test Case: Global SMAs, presented at the IMS National Compliance Conference, Napa, CA

Presentation | Speech
Steven Stone

09/28/07 Securities Industry and Financial Markets Association, presented at the Research Management Conference, New York

Presentation | Speech
John Ayanian

09/21/07 Broker-Dealer Regulatory Update - Week of September 14 through September 20

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

09/20/07 SEC Adopts Interim Rule to Provide Limited Principal Trading Relief and Proposes Interpretive Rule Clarifying the Application of the Advisers Act to Broker-Dealers

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

At an open meeting yesterday, the Securities and Exchange Commission (SEC) addressed questions raised by the securities industry in the aftermath of Financial Planning Association v. SEC . As expected, ... more

09/14/07 Broker-Dealer Regulatory Update - Week of September 7 through September 13

LawFlash/Client Alert | Broker-Dealer Regulatory Update
Investment Management

September 2007 What’s Up With Anti-Money Laundering? Ameritrade Institutional's Compliance News

Outside Publications | Article
Beth Kiesewetter

08/10/07 SEC Issues Proposed Revisions of Limited Offering Exemptions in Regulation D

LawFlash/Client Alert | Investment Management FYI
Investment Management

On August 3, 2007, the SEC issued a series of proposed revisions to Regulation D. These proposals include changes to the definition of “accredited investor,” a new exemption from the registration requirements o... more

08/08/07 SEC Issues Advisers Act Antifraud Rule Release

LawFlash/Client Alert | Investment Management FYI
Investment Management

On August 3, 2007, the SEC issued its release relating to the adoption of Rule 206(4)-8 under the Investment Advisers Act of 1940 (Advisers Act), which prohibits advisers to pooled investment vehicles from maki... more

08/07/07 SEC Adopts Final Rule Regarding Internet Access to Proxy Materials

LawFlash/Client Alert | Investment Management FYI
Investment Management

The SEC recently adopted amendments to the proxy rules under the Securities Exchange Act of 1934 (the Exchange Act), which enable shareholders to choose the means by which they access proxy materials and requir... more

07/05/07 Presto: A New Test for Inadvertent Investment Companies

LawFlash/Client Alert | Investment Management LawFlash
Investment Management

Investment company status cases are few and far between, and have generally been decided at the lower-court level. Recently, the Seventh Circuit visited the issue in SEC v. National Presto Industries (Prest... more

06/18/07 NASD and NYSE Request Comment on Joint Guidance Regarding Review and Supervision of Electronic Communications

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

Last week, NASD and NYSE (collectively, SROs) issued a joint request for comment on proposed Joint Guidance regarding the review and supervision of electronic communications. The proposed Joint Guidance sets fo... more

06/18/07 SEC Exam Staff Issues Its First ComplianceAlert

LawFlash/Client Alert | Securities Industry FYI
Securities Industry

On June 14, 2007, the SEC’s Office of Compliance, Inspections, and Examinations (OCIE) issued a ComplianceAlert, the first in what it has indicated will be a series of periodic updates that will summarize select areas t... more

06/07/07 Current Best Execution, Trading, and Investment Opportunity Issues, presented at the Money Management Institute's Legal/Regulatory Affairs Conference for General Counsels & Chief Compliance

Presentation | Speech
Steven Stone

06/07/07 International Issues, presented at the Money Management Institute's Legal/Regulatory Affairs Conference for General Counsels & Chief Compliance

Presentation | Speech
Steven Stone

06/06/07 Investment Company Regulation and Compliance, presented by ALI-ABA, Philadelphia

Presentation | Speech
W. McGuire

June 2007 Anti-Money Laundering: Where Do Investment Advisors Fit In? IAA Newsletter, No. 174, p. 7

Outside Publications